Missouri Revenues Continue to Fall Below Budget

Jefferson City, MO – There's still no end in sight for Missouri's financial troubles.

The latest state revenue figures show the state fell another $23 million behind its budget in January. That raises theprojected state budget shortfall to $314 million for the fiscal year that ends this June.

Two of the state's leading revenue sources -- sales and individual income taxes -- both declined last month, compared to the previous year.

Missouri's net general revenues are now running 4.4 percent behind last fiscal year. But the state budget is based on aprojection of 3.1 percent growth.